Takeover bid?
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
The country's second largest milk processor is paying farmer suppliers a record milk price of $10.06/kgMS this month.
Dairy farmers are being urged not to compromise cow condition as they chase a record milk price this season.
Canterbury milk processor Synlait says its farmer suppliers will get a record base milk price of $9.25/kgMS this season.
Dairy farmers will be milking cows for as long as they can to capitalise on a record milk price this season.
Last week's rise in global dairy prices has further boosted the chance of a record-breaking $9 milk price for the season.
Whole milk powder (WMP) prices have broken the US$4000/metric tonne mark for the first time in six months.
Soaring whole milk powder (WMP) prices are lifting forecast milk price to Fonterra farmer suppliers but it is also affecting the co-op’s profitability.
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
OPINION: It seems every bugger in this country can get an award these days.